AvaTrade has revealed exclusively to Finance Magnates that it has launched – AvaOptions Mobile, which has been specifically designed for foreign exchange (forex) and Options traders.
AvaOptions Mobile is an “advanced new platform,” the contracts for difference (CFD) broker said, where clients can trade FX and Options, as well as have access to risk management, trading signals, custom charting, an economic calendar and more.
The platform comes with an integrated Strategy Guide, which provides users with more than a dozen options strategies that can be executed in a few clicks. AvaOptions mobile also has a patented GUI that shows the risk and reward of any trade in the context of the past and the future potential outcomes, the company said.
Commenting on the launch of the new mobile platform, Dáire Ferguson, CEO of AvaTrade, said in the statement seen exclusively by Finance Magnates: “Options trading has never been easier, and FX trading has never been clearer. We believe our traders deserve the best and with this superior and premium mobile app – we will continue to provide them with many more innovative technologies and platforms.”
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AvaTrade launches despite coronavirus pandemic
According to AvaTrade, the company has decided to launch the new mobile platform despite these uncertain times, with COVID-19 posing an increasing effect on economies, as it maintains business as usual.
Having a mobile app version of a trading platform is becoming increasingly crucial for brokers. In fact, according to a report from Investment Trends, having a mobile version of an investment platform is a key differentiator for investors, as Finance Magnates reported.
Today’s announcement follows on the heels of the broker launching the MetaTrader 5 platform, which it revealed to Finance Magnates exclusively at the beginning of this month. As we highlighted at the time, with the addition of the MetaTrader 5 platform, the FX broker can now offer trading in bonds, shares, vanilla options, and other asset classes.